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the big question is and the most important question is what does he want to do? if and when, again, he walks out a free man out of court here in manhattan the next few days, will he want to come back into french politics? and if he does, in what position would that be? will he choose to run for president or will he choose to be kind of the elder statesman if you like in french politics? and that first as an adviser to whoever would be the socialist candidate and then perhaps become prime minister of something. as you see, what is interesting about these polls and has been few of them, two or three, is that french people are very ambivalent about it, about half of them wish him to come back. half of them are not so sure about it. >> right. they're split down the middle pretty much. but let me ask you about this other woman. why -- i'm sure people who haven't followed this case as closely as some of us have, why is she coming out now? some people might think this is opportunistic because she didn't speak out at the time the alleged attempted rape took place in '03.
the big question is and the most important question is what does he want to do? if and when, again, he walks out a free man out of court here in manhattan the next few days, will he want to come back into french politics? and if he does, in what position would that be? will he choose to run for president or will he choose to be kind of the elder statesman if you like in french politics? and that first as an adviser to whoever would be the socialist candidate and then perhaps become prime...
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but she's hoping to win big in this state. obviously iowa is important because they're home to first in the nation caucuses. she's going to have these five stops today. she also had a tea party rally she's going to be attending later and a baseball game. i'm hoping to catch up with that one also. >> another republican candidate, herman cain, apparently some of his staff members have a change of heart, may no longer be with him. why is that? >> reporter: herman cain, looks like there might be a little bit of trouble in his campaign. here's what i found a few moments ago. here wearing that tina goff, who is supposedly an iowa state director for herman cain, she tells us that she and two others resigned on friday. i spoke with the herman cain campaign. they said it was not three, it was two. that she was not a state director, she was a field director. and that these two people weren't a good fit for the cain campaign. they are denying any notion that this spells trouble, that there's any kind of implosion within the cain campaign
but she's hoping to win big in this state. obviously iowa is important because they're home to first in the nation caucuses. she's going to have these five stops today. she also had a tea party rally she's going to be attending later and a baseball game. i'm hoping to catch up with that one also. >> another republican candidate, herman cain, apparently some of his staff members have a change of heart, may no longer be with him. why is that? >> reporter: herman cain, looks like there...
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and that a big difference can grow from a small budget. for those of us with grass on our sneakers... dirt on our jeans... and a lawn that's as healthy as our savings... the days are about to get a whole lot greener. ♪ more saving. more doing. that's the power of the home depot. make even more of your long weekend with a two-pack of kingsford charcoal, just $7.97. we're putting them to the test against the speed of a rescue unit. ! they're downloading a music album. the first network to finish gets rescued. does your phone know that we're racing ? done ! verizon's done ! i've got seven left ! the fastest network in america. verizon. built so you can rule the air. now powering the lg revolution. host: could switching to geico reon car insurance? or more host: do people use smartphones to do dumb things? man 1: send, that is the weekend. app grapgic: yeah dawg! man 2: allow me to crack...the bubbly! man 1: don't mind if i doozy. man 3: is a gentleman with a brostache invited over to this party? man 1: only if he's ready to rock! ♪ sfx: g
and that a big difference can grow from a small budget. for those of us with grass on our sneakers... dirt on our jeans... and a lawn that's as healthy as our savings... the days are about to get a whole lot greener. ♪ more saving. more doing. that's the power of the home depot. make even more of your long weekend with a two-pack of kingsford charcoal, just $7.97. we're putting them to the test against the speed of a rescue unit. ! they're downloading a music album. the first network to...
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so the big, big change in a few weeks only, even a few days this week. >> i think you've hit on a relevantly important point here, before we all crown dsk a hero or a saint, let's keep in mind at the very least here he's a married guy that had sex with a hotel maid. he admitted that he had an affair with a subordinate that almost cost his him job and there's a french journalist that says back in 2003 he tried to rip her clothes off. should we be careful and not let the pendulum swing so far in this direction? >> yes, of course we have to be careful. that's probably one of the biggest lessons. we don't know that the story is over, when it's going to end, if it's going to end. for the journalists we probably should have been more cautious, even though here in the united states the covering of the situation has been much, much different from the french way. the french way was, first the shock, really, a huge shock in the first minutes of the arrestation. you have to keep in mind, for the french people there is emotion in this. it's not only a case. it's not only a guy who is a head of the imf.
so the big, big change in a few weeks only, even a few days this week. >> i think you've hit on a relevantly important point here, before we all crown dsk a hero or a saint, let's keep in mind at the very least here he's a married guy that had sex with a hotel maid. he admitted that he had an affair with a subordinate that almost cost his him job and there's a french journalist that says back in 2003 he tried to rip her clothes off. should we be careful and not let the pendulum swing so...
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this is big business duty-free shopping. shoppers spent $39 billion at duty-free shops last year. >> what items is it worth it to buy at these shops? >> reporter: this is the meaty part here. three examples of the top items people go for. perfume and cosmetics. i say buy it duty-free especially if it's a multipack with more savings. if you're looking for cigarettes, buy those duty-free as well. the fact is we pay a lot in taxes here in the u.s. electronics, though, buy those at a regular retail store because they are going to be cheaper at the regular retail store and you may need to return it if something happens. >>> what is in store for stocks today? a flat open. trading is expected as we come off the strongest week in two years. a fact orders report out in half an hour. see if that moves the markets at all. kyra, back to you. >> thanks, alison. >>> a portion of one of the nation's most pristine rivers polluted by an oil spill. the latest on the cleanup in four minutes. >>> duke and duchess hit prince edward island head-t
this is big business duty-free shopping. shoppers spent $39 billion at duty-free shops last year. >> what items is it worth it to buy at these shops? >> reporter: this is the meaty part here. three examples of the top items people go for. perfume and cosmetics. i say buy it duty-free especially if it's a multipack with more savings. if you're looking for cigarettes, buy those duty-free as well. the fact is we pay a lot in taxes here in the u.s. electronics, though, buy those at a...
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so you think funding is the big issue? >> funding is a big issue and the desire to do it. >> desire. what about looking ahead to tomorrow? we heard about possible -- they are evaluating possibly this lightning strike from the site of the launchpad, it's supposed, to fingers crossed, 11:26 tomorrow morning, and, you know, that question is sort of pervasive through all the conversations out here. do you think it's going to happen? when do you think it will happen? do you have any intel, mr. crippen? do you know. >> as far as the lightning strike, i do know they have lots of instrumentation out at the pad. they can go look at that to see whether they think the vehicle needs to go through more testing to make sure it didn't impact it. the big if in my opinion is the weather. there's a high probability of rain. you can't fly the shuttle through rain. some probability of lightning. don't want to get involved with that, but i've seen the weather forecast to be a lot worse, and it all of a sudden it clears and we'd launch. the wea
so you think funding is the big issue? >> funding is a big issue and the desire to do it. >> desire. what about looking ahead to tomorrow? we heard about possible -- they are evaluating possibly this lightning strike from the site of the launchpad, it's supposed, to fingers crossed, 11:26 tomorrow morning, and, you know, that question is sort of pervasive through all the conversations out here. do you think it's going to happen? when do you think it will happen? do you have any...
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that's kind of the next big question. coming up next hour, i also want to share some sound from a woman who was just breathless, wiping away tears. this particular launch was so emotional for her and the three generations of family she brought here to florida. back to you. >> brooke, thanks so much. we'll see you next hour. >>> well, they were promised a revolution. so far all they've gotten is a bunch of talk. up next, tens of thousands of protestors pack egypt's tehrer square. their message? give us reform now. >>> plus a horrifying story out of texas caught on camera. a fan trying to catch a ball falls 20 feet. that is coming up next. ♪ ♪ look at that car, well, it goes fast ♪ ♪ givin' my dad a heart attack ♪ [ friend ] that is so awesome. ♪ i love my car [ engine revving ] [ male announcer ] that first chevy, yea, it gets under your skin. ♪ you can do this... get the ball, girl. hmmm, you can't do that. but you can do this. bengay pain relief + massage with penetrating nubs plus the powerful pain relief
that's kind of the next big question. coming up next hour, i also want to share some sound from a woman who was just breathless, wiping away tears. this particular launch was so emotional for her and the three generations of family she brought here to florida. back to you. >> brooke, thanks so much. we'll see you next hour. >>> well, they were promised a revolution. so far all they've gotten is a bunch of talk. up next, tens of thousands of protestors pack egypt's tehrer square....
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canada a big highlight, a big tour, and william's pleased with how things have gone there. we'll see if that sort of kate mania as they're calling it translates to the u.s. when they come here later. >> what is the plan for l.a.? >> reporter: well, this is their first stop and it's the beverly hilton, as you can see, preparations under way. car's going to come in over there and then go into the hotel behind me. it's a new media event, it's about promoting british new media companies to americans. it's all about promoting british interests this trip. after they've taken part in the conference here, they're going to head up to the uk console general's residence where they're staying here and there's a reception there. you might see a few famous faces, everyone desperate of course to see the couple next to celebrities. we'll see what happens later on. we haven't got a guest list yet. >> they're used to press and press has been following them around but you're in l.a. now. you've got pop rpaparazzi to del with. any plans made to keep the paparazzi under control? >> reporter: a
canada a big highlight, a big tour, and william's pleased with how things have gone there. we'll see if that sort of kate mania as they're calling it translates to the u.s. when they come here later. >> what is the plan for l.a.? >> reporter: well, this is their first stop and it's the beverly hilton, as you can see, preparations under way. car's going to come in over there and then go into the hotel behind me. it's a new media event, it's about promoting british new media companies...
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i never thought that was a big deal. i'm surprised about the turn at trial where everyone is fighting over the searches. >> all right. a lot of people interesteded in this, obviously, linda kennedy badon and sonny hosten thanks so much >>> coming up, the fcc gives stephen colbert the go-ahead to start a political action committee. you could say he's a pacman. we'll show you the time we put him on the ridiculist. it's one of our the ridiculist classics. that's next. 6 bile would deliver our next generation mobile broadband experience to 55 million more americans, many in small towns and rural communities, giving them a new choice. we'll deliver better service, with thousands of new cell sites... for greater access to all the things you want, whenever you want them. it's the at&t network... and what's possible in here is almost impossible to say. you want that? you want a warm, super-delicious strawberry toaster strudel yeah but now i have nothing to eat sure you do. hey! you can have the pop tart! pillsbury toaster strude
i never thought that was a big deal. i'm surprised about the turn at trial where everyone is fighting over the searches. >> all right. a lot of people interesteded in this, obviously, linda kennedy badon and sonny hosten thanks so much >>> coming up, the fcc gives stephen colbert the go-ahead to start a political action committee. you could say he's a pacman. we'll show you the time we put him on the ridiculist. it's one of our the ridiculist classics. that's next. 6 bile would...
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he was a big jokester. i remember those things. >> how do you think the picture and the letter got stolen and what did you tell authorities and why did they believe you and say okay, we'll take it on? >> i think they believe me because i have other letters. you know, that spoke to my credibility. the timing that it was done. i was told it was sold in december, 2004. all these years later, if i was going to do something like that, they thought i would do it sooner. they felt if i sold one letter for that amount of money, i would have sold them all to have gotten more. it's why they believed it. >> you know, we have to have a little fun here. are you married? is there a special someone in your life? someone saying i have to compete with michael jackson or michael jordan. what if he comes back in the picture. >> no, i'm not married. god has someone for me. in his time, he'll find me. >> maybe michael's got good friends he could introduce you to. thanks for joining us today. setting the record straight. >> you'
he was a big jokester. i remember those things. >> how do you think the picture and the letter got stolen and what did you tell authorities and why did they believe you and say okay, we'll take it on? >> i think they believe me because i have other letters. you know, that spoke to my credibility. the timing that it was done. i was told it was sold in december, 2004. all these years later, if i was going to do something like that, they thought i would do it sooner. they felt if i...
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. >> mark zandi, we can pass august 2nd and it won't be a big deal. i'll give you a few seconds to look them in the eye and say, you're wrong. >> yeah, i think you're wrong. now, of course, i don't know for sure. this is unprecedented but there is a $23 billion social security payment due on august 3rd that is not at all clear that there will be enough cash in the treasury to make that payment. so i think david is right. why would you want to take that chance? tp doesn't make sense. not for the social security recipients or for the economy or entire global financial system. >> david walker, the president meets with speaker boehner over the weekend and they are clearly not making any tangible progress. the house will go forward this week and senate will most likely vote on a balanced budget amendment and some other things that simply, to be honest, can't pass or even if they did pass the president would veto. they will move to the mcconnell plan and convince the republicans that they have your vote. do those votes undermine confidence in the market in
. >> mark zandi, we can pass august 2nd and it won't be a big deal. i'll give you a few seconds to look them in the eye and say, you're wrong. >> yeah, i think you're wrong. now, of course, i don't know for sure. this is unprecedented but there is a $23 billion social security payment due on august 3rd that is not at all clear that there will be enough cash in the treasury to make that payment. so i think david is right. why would you want to take that chance? tp doesn't make sense....
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now the big guy comes up to bat, hitting .342 with 92 rbis and 36 homers. [fans whirring] [ding] announcer: chill raw and prepared foods promptly. one in 6 americans will get sick from food poisoning this year. keep your family safer. check your steps at foodsafety.gov. >>> welcome back to "state of the union." i am gloria borger. candy crowley is off today. and joining me from south dakota, mr. san de, i have to ask you off the bat. you have been listening out there this morning. what is your reaction to what you are hearing from mitch mcconnell and senator schumer? >> great news. sounds like we will avoid a crisis. $3 trillion in deficit reduction over the next ten years is more than what i would have expected. if they follow-through on that it's great news. it gets us close to the fiscal responsibility, and that's what we need to get to to restore stau stainability in the fiscal responsibility. if they pull it off i think we will be in good shape. >> how do you think the markets will react? >> very positively. i think the markets expect they will get som
now the big guy comes up to bat, hitting .342 with 92 rbis and 36 homers. [fans whirring] [ding] announcer: chill raw and prepared foods promptly. one in 6 americans will get sick from food poisoning this year. keep your family safer. check your steps at foodsafety.gov. >>> welcome back to "state of the union." i am gloria borger. candy crowley is off today. and joining me from south dakota, mr. san de, i have to ask you off the bat. you have been listening out there this...
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it's a big chain of dominoes. you're free to pick the one that frightens you the most, but at the core of it for me would be the run on job losses again from the new recession that will be born. kelly writes severe poverty breeds crime, disease, suffering and insurgency. we know this. hey big business. we don't get paid, you don't get paid, understand? i'm disabled. my social security check is the only thing i live on. if i don't get my check, i'll have nothing to live on. i imagine this applies to thousands of people. carol in mass mass, as a former international banker, i'm not scared at all. it's a global economy. we all need each other. rating agencies have become meaningless. life will go on. what scares me is how dug in the tea party is in trying to eliminate government. but don't take aware their medicare. jim in colorado says losing my house, potentially my job and seeing years of hard work building my life flushed down the toilet by a bunch of self issued logs who are not representing the majority of citi
it's a big chain of dominoes. you're free to pick the one that frightens you the most, but at the core of it for me would be the run on job losses again from the new recession that will be born. kelly writes severe poverty breeds crime, disease, suffering and insurgency. we know this. hey big business. we don't get paid, you don't get paid, understand? i'm disabled. my social security check is the only thing i live on. if i don't get my check, i'll have nothing to live on. i imagine this...
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a big day today. in three minutes from now, susan, will be the final burn of the space shuttle's rocket jets that they have on there that will put them in the final configuration for that docking, again, at 11:06 eastern time, and a couple hours later there will be a welcome aboard ceremony on the international space station, as the last crew of a space shuttle visits the space station. >> it's fascinating, the final four up there in space station. >> boy, there's a lot of work there to do. almost immediately, tomorrow they will start to unload that more than 7,000 pounds of goods to stock up the shuttles -- or the space station's pantry and refrigerator for a year, and then on tuesday there is a space walk that will be performed by two of the six space station astronauts, and they will take off an old bump that fails and that pump will be taken and put in the space station's cargo bay, a piece of space junk they don't need up there, along with other junk the space shuttle will be bringing back. there
a big day today. in three minutes from now, susan, will be the final burn of the space shuttle's rocket jets that they have on there that will put them in the final configuration for that docking, again, at 11:06 eastern time, and a couple hours later there will be a welcome aboard ceremony on the international space station, as the last crew of a space shuttle visits the space station. >> it's fascinating, the final four up there in space station. >> boy, there's a lot of work...
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gary, appreciate it. >>> a big star, her big house, and an even bigger security scare. what drove a man to come back to halle berry's house again and again? we're talking about this frightening intruder in the hollywood hills, much more on that and what possesses someone to stalk. also, we're live in washington as the white house is hosting yet another one of those debt meetings. remember that august 2nd deadline? the clock is tick, tick, ticking away. ok. [ cellphone rings ] hey. you haven't left yet. no. i'm boarding now... what's up? um...would you mind doing it again? last time. [ engine turns over ] oooohhhh...sweet. [ male announcer ] the chevy cruze with the my chevrolet app. the remote control car is finally here. well, now she's just playing with us. oh. [ horn honks ] >>> have you heard about this man accuse of stocking halle berry. this man tried get into her house. 27-year-old richard franco is to be arraigned today. at one point he was standing ten feet away from her on the other side of her kitchen door. barry went upstairs, picked up the phone and dialled
gary, appreciate it. >>> a big star, her big house, and an even bigger security scare. what drove a man to come back to halle berry's house again and again? we're talking about this frightening intruder in the hollywood hills, much more on that and what possesses someone to stalk. also, we're live in washington as the white house is hosting yet another one of those debt meetings. remember that august 2nd deadline? the clock is tick, tick, ticking away. ok. [ cellphone rings ] hey. you...
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so, sort of the big plan. passing that along with a debt ceiling as sort of a big theory option instead of this mcconnell/reid plan, but it's so vague, as you can tell, and nothing that i have as any sort of firm plan, just, like, something that's sort of out there in the ether, they just don't have a plan at this point, no one does, john. >> it sounds like, and some people at home are saying, my god, there they go into washington speak again. i'll try to simply phi it. they are trying to fit certain pieces together to get you to several trillion in deficit reduction and that seems to be where we are, a bunch ideas. i'll go over to the wall a little bit, because jess talks about the mcconnell plan, that would give the president the authority to raise the debt ceiling and maybe they would come up with a commission with spending cuts. that's one backup plan. another backup plan is the gang of six. and i want to bring up the gang of six yesterday we talked about that. they have some significant spending cuts. the
so, sort of the big plan. passing that along with a debt ceiling as sort of a big theory option instead of this mcconnell/reid plan, but it's so vague, as you can tell, and nothing that i have as any sort of firm plan, just, like, something that's sort of out there in the ether, they just don't have a plan at this point, no one does, john. >> it sounds like, and some people at home are saying, my god, there they go into washington speak again. i'll try to simply phi it. they are trying to...
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the big deal is really the deal they should make. i don't like the deal where we kick it down the road for six months. this is the time to make the deal. and i have to tell you, the republicans have the cards. people might not think that, but the republicans have all of the cards. and this is the time to get rid of obama care. this is the time to make the great deal. >> i've been following you on twitter, and you've been pretty aggressive about obama on the economy. you believe that he can't stop spending and that america has to stop spending. one of his beliefs, of course, is that he's got to get rid of these tax incentives for the rich. and look after the guys with no money. why would you oppose that as an ideology? >> well, you know, it's a different world today, piers, where people in this country can form companies in foreign countries, where they pay very little tax, much less tax. and once you start taxing -- and i'm not talking about me. but once you start taxing people that do create jobs and do createness create businesses,
the big deal is really the deal they should make. i don't like the deal where we kick it down the road for six months. this is the time to make the deal. and i have to tell you, the republicans have the cards. people might not think that, but the republicans have all of the cards. and this is the time to get rid of obama care. this is the time to make the great deal. >> i've been following you on twitter, and you've been pretty aggressive about obama on the economy. you believe that he...
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japan came into this tournament as the big underdogs. nobody expected them to even get to the finals, let alone beat the u.s. they also knocked out sweden. they knocked out germany and it was just absolutely incredible. when they started the match, everyone was saying they have more skill, better possession of the ball, know how to control and pass it. the americans really did a good job, too. it seems the japanese were a little nervous to start off with. the u.s. had possession. they were aggressive. they came hard out of the gate. they were very unlucky. they had a lot of opportunities and just kept missing. just the mistakes they were making on the defense line that let the two japanese goals in. everyone thought it was a done deal at the end of extra time. a few minutes to go. the japanese, boom, scored it in. it came down to penalties. kind of an unfairway of deciding but somebody has to win. president barack obama sent out a tweet. couldn't be prouder of the u.s. after a hard-fought game. congratulations to japan, women's world cup
japan came into this tournament as the big underdogs. nobody expected them to even get to the finals, let alone beat the u.s. they also knocked out sweden. they knocked out germany and it was just absolutely incredible. when they started the match, everyone was saying they have more skill, better possession of the ball, know how to control and pass it. the americans really did a good job, too. it seems the japanese were a little nervous to start off with. the u.s. had possession. they were...
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we're talking about big washington law firms. we're talking about lobbying firms, and things like pricewaterhouse. good companies, but to say that you're protecting small businesses and mom-and-pops is just dead wrong. it's counterfactual. i think we should put an end to that myth right now. what they're protecting are big corporate special interests, oil and gas company, corporate jets, those kind of entities. >> their argument is, look, we -- a lot of republicans say, fine, we think some of these loopholes ought to go but in order to do that we have to have tax reform which we can't get really get between now and august 2nd. if they would agree to that in exchange for some sort of deal that would say we have to have tax reform by date certain, would you go for that? >> we're all for tax reform. we think we should bring down the corporate rate, expand the base -- >> it's part of the price of getting them to agree to something. >> yeah, and part of that could go to debt reduction. here's the republican position. but not one penny
we're talking about big washington law firms. we're talking about lobbying firms, and things like pricewaterhouse. good companies, but to say that you're protecting small businesses and mom-and-pops is just dead wrong. it's counterfactual. i think we should put an end to that myth right now. what they're protecting are big corporate special interests, oil and gas company, corporate jets, those kind of entities. >> their argument is, look, we -- a lot of republicans say, fine, we think...
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it's washington, as you know. >> this is too big -- it's too big of an issue to play chicken with it. >> you have said you think the debt ceiling has to be raised. >> america should not the default. i sympathize with the people who stay, secretary geithner could be exaggerating, and i don't want to test it. i can tell you that there's not a good thing to default. that's not a good thing to do. particularly for us who are conservative republicans who have a great deal of sense that you have to have a balanced budget and pay your debts and kind of work these things out, and you can compromise somewhat but you can't compromise too much, so i hope -- >> if you were sitting at the table, would you say, yeah, i will agree to closing loopholes to oil and gas companies for 1.5 or 2.5 or any amount of spending cuts? >> i wouldn't do tax increases as a way to compromise. >> any? none? >> if we're going to compromise, let's compromise about the spending decreases and the extent of them. we would like to go a lot further than the democrats would like to go. there is areas of negotiation there. i
it's washington, as you know. >> this is too big -- it's too big of an issue to play chicken with it. >> you have said you think the debt ceiling has to be raised. >> america should not the default. i sympathize with the people who stay, secretary geithner could be exaggerating, and i don't want to test it. i can tell you that there's not a good thing to default. that's not a good thing to do. particularly for us who are conservative republicans who have a great deal of sense...
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what you'd get under the big-ticket scenario is a drawing off the line. that's your $172 billion. the government is out of money if you don't increase the debt ceiling. what gets cut? military pay. wouldn't get their checks under this scenario. veterans checks, irs refund. if you're waiting for one you wouldn't get it. nutrition services, foods stamps, wouldn't get paid. federal salaries, education department, other and you heard him mention foreign aid to the palestinians. you have to make the choices and cut it off right here. that's one way. suppose you decided instead we'll put a priority on the social safety net. under this scenario, interest gets paid, social security gets paid, medicare and medicaid and those nutrition services that got cut off last time, you could pay them. housing grants would go out. veterans affairs, unemployment, education and tuition assistance. but under this set of priorities your line is down here and then you're at or slightly above that $172 billion. you cover most of the social safety net here but defense vendors wouldn't get paid. active duty m
what you'd get under the big-ticket scenario is a drawing off the line. that's your $172 billion. the government is out of money if you don't increase the debt ceiling. what gets cut? military pay. wouldn't get their checks under this scenario. veterans checks, irs refund. if you're waiting for one you wouldn't get it. nutrition services, foods stamps, wouldn't get paid. federal salaries, education department, other and you heard him mention foreign aid to the palestinians. you have to make the...
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Jul 22, 2011
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we've got big companies reporting today. investors will be keeping an eye out for ge, verizon, mcdonalds, honeywell, xerox. so far these earnings that have been coming in have been pretty good. >> carter, chrysler made its final payment of the money it took from the u.s. government. what's the news? how do taxpayers end up doing? >> well, pretty good. chrysler is all paid up, kind of. the government sold off all its shares in the automaker at least six years earlier than expected. chrysler got more than $12 billion in loans. fiat ended up buying chrysler and just spent half a billion to buy back the government's remaining shares. the treasury department says taxpayers lost about $1.3 billion in the bailout. that was owed by the old chrysler before it went bankrupt before it was sold to fiat. >> carter, have a great day at the nasdaq market site. carter evans in new york. >>> for republican candidates hoping to snag the 2012 bid, it's a jungle out there. here is jon stewart with the morning punch line. >> to become their part
we've got big companies reporting today. investors will be keeping an eye out for ge, verizon, mcdonalds, honeywell, xerox. so far these earnings that have been coming in have been pretty good. >> carter, chrysler made its final payment of the money it took from the u.s. government. what's the news? how do taxpayers end up doing? >> well, pretty good. chrysler is all paid up, kind of. the government sold off all its shares in the automaker at least six years earlier than expected....
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Jul 26, 2011
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the next big day is august 15th or 16th when a big interest payment comes due. so pat toomey is saying he wants to prioritize interest payments on our bonds, then social security and sort of go in that direction. there are a lot of people who said the credit agencies have said this, ben bernanke has said this, default is default. if you are going to get a downgrade just because you pay your bondholders doesn't mean you won't get a downgrade. the downgrade could affect interest rates. it may be the same effect in the interesting. interesting, suzanne. i don't know whether pat toomey, what he's suggesting can have legal authority. i know that treasury is prioritizing. on august 3rd, if they don't have the money to pay all the bills, they have to make decisions as to which bills they're paying. >> is it possible to avert a financial crisis? maybe this is a big unknown, if they decide we're going to pay for this first or is it still going to be in a default situation? >> remember, there's is a technical part of this. if you don't pay by this day, they report you to
the next big day is august 15th or 16th when a big interest payment comes due. so pat toomey is saying he wants to prioritize interest payments on our bonds, then social security and sort of go in that direction. there are a lot of people who said the credit agencies have said this, ben bernanke has said this, default is default. if you are going to get a downgrade just because you pay your bondholders doesn't mean you won't get a downgrade. the downgrade could affect interest rates. it may be...
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Jul 18, 2011
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that bubble of hot air is expanding eastward toward the concentration of big, big cities, chad myers, i know it's hot when you bring me water bottles. >> i brought you two water bottles. one that's warm and one that's cold. how are r they different? one has steam on the outside. it's the due, it's the dew point. you have heard all this. see that's got steam on there. while the other one's clear. the other one is 72 degrees. so it's not condensing the water in the atmosphere. air in here not very wet. >> interesting analogy. >> but if i take this water bottle and, wait on it, wait on it, i breathe on it, it does get a little condensation on there. if you take a lukewarm bottle of water and it steams like this, it's muggy out there. and that's what the dew point is. we have heard about relative humidity, every weatherman on tv talks about relative humidity. it means nothing. listen to dew point, when it's warm it gets muggy. when we walked outside, it felt like 120 degrees. >> i was wondering if you were going to make me drink the room temperature versus chilled. >> people do like that
that bubble of hot air is expanding eastward toward the concentration of big, big cities, chad myers, i know it's hot when you bring me water bottles. >> i brought you two water bottles. one that's warm and one that's cold. how are r they different? one has steam on the outside. it's the due, it's the dew point. you have heard all this. see that's got steam on there. while the other one's clear. the other one is 72 degrees. so it's not condensing the water in the atmosphere. air in here...
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Jul 19, 2011
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go, big money! i mean, go. it's your break, honey. same coverage, more savings. now, that's progressive. call or click today. >>> 15 days until the treasury says it will run out money. a tea party leader says don't raise the debt seeing and he says president obama is lying about the consequences if we don't. "keeping them honest" about what many republicans believe is central to solving the long-term problem. a constitutional amendment to balance the budget. they vote on "cup, cap and balance." cutting spending to 2004 levels and caps it and freezes it right there and calls for a balanced budget amendment to the constitution. >> all that we ask in this bill is that we simply allow the states to weigh in, should the federal government live under a balanced budget amendment. should they do that? >> i don't understand why people won't vote for the a balanced budget amendment because it's the only discipline that will ever force the politics of washington to meet the responsibilities of washington. >> let's do something historic. let's, for the first time in american
go, big money! i mean, go. it's your break, honey. same coverage, more savings. now, that's progressive. call or click today. >>> 15 days until the treasury says it will run out money. a tea party leader says don't raise the debt seeing and he says president obama is lying about the consequences if we don't. "keeping them honest" about what many republicans believe is central to solving the long-term problem. a constitutional amendment to balance the budget. they vote on...
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Jul 30, 2011
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is not powerful now as a big u.s. debt holder china will for sure be affected. >> reporter: in australia, too. >> makes it much more expensive for tourists to visit australia. those parts of our economy exposed to the tourist sector, we've spent a lot of money promoting australia overseas, are not going to benefit so greatly from that. >> reporter: in tokyo some economic experts see history repeating itself. they compared the current u.s. debt crisis to japan's crippling recession of the 1990s. >> it's exact replay of what we went through in japan 10, 15 years ago. >> reporter: however the debate plays out in washington, experts say the financial ripples will be felt around the world. >> it's an issue that really is lurking in the background of each and every economy of the world. >> reporter: jonathan man reporting. >> seven minutes past the hour. the politics of a deadline deal, anybody going to come out of this looking good? does it matter at this point? maria and lenny always looking good. we'll see if they sound
is not powerful now as a big u.s. debt holder china will for sure be affected. >> reporter: in australia, too. >> makes it much more expensive for tourists to visit australia. those parts of our economy exposed to the tourist sector, we've spent a lot of money promoting australia overseas, are not going to benefit so greatly from that. >> reporter: in tokyo some economic experts see history repeating itself. they compared the current u.s. debt crisis to japan's crippling...
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Jul 22, 2011
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but a big, sophisticated attack is how this official is putting it. and they also said it could be international, or it could be domestic norwegian. again, very early to make that assumption or that conclusion. >> right. early hours, a lot of information still to come out. i appreciate it. . let's continue this breaking news coverage with my colleague wolf blitzer. >>> a bombing shatters norway to its core. and a shooting at a youth camp. president obama asking for a dialling back of the demonizing. ten days before the deadline, one republican plan gets a firm smackdown in the u.s. senate. and some surprising new movement in the republican presidential race. we're going to tell you who's suddenly making a strong impression on potential voters. i'm wolf blitzer in "the situation room." the breaking news this hour, a city known for peace making is reeling in terror. norwegian leaders holding a crisis meeting tonight after a deadly bomb attack in oslo and the shooting at a labor party youth camp outside the norwegian capital. at least seven people were k
but a big, sophisticated attack is how this official is putting it. and they also said it could be international, or it could be domestic norwegian. again, very early to make that assumption or that conclusion. >> right. early hours, a lot of information still to come out. i appreciate it. . let's continue this breaking news coverage with my colleague wolf blitzer. >>> a bombing shatters norway to its core. and a shooting at a youth camp. president obama asking for a dialling...
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Jul 22, 2011
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call big pharma were distilling the raw leaf into a new drug. in vienna, dr. freud was fascinated. in 1884, he wrote the first major description, 70 pages, uber coca about cocaine. >> it was the miracle drug. if you had a stomach ache, you were nervous, if you were lethargic, needed energy, if you had tuberculosis, asthma, all sorts of things, it was going to cure what you had. >> reporter: meanwhile, by the mid 1890s, he was flirting with disaster as he wrote in an 1895 letter. >> he probably finally stopped using after he and a friend of his used cocaine on a patient and nearly killed her. >> by then, other doctors worried too. >> too many people were taking too much cocaine and then they were -- these patients were presenting basically as addicts who needed the stuff, they couldn't live without it. and that's when doctors began to say, huh, we better rethink this. >> today we know addiction is at least in part a physical disease. we understand more. >> i would hope that more people are skeptical of grandiose claims of new drugs, new pharmaceu
call big pharma were distilling the raw leaf into a new drug. in vienna, dr. freud was fascinated. in 1884, he wrote the first major description, 70 pages, uber coca about cocaine. >> it was the miracle drug. if you had a stomach ache, you were nervous, if you were lethargic, needed energy, if you had tuberculosis, asthma, all sorts of things, it was going to cure what you had. >> reporter: meanwhile, by the mid 1890s, he was flirting with disaster as he wrote in an 1895 letter....
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Jul 19, 2011
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what you'd get under the big-ticket scenario is a drawing off the line. that's your $172 billion. the government is out of money if you don't increase the debt ceiling. what gets cut? military pay. wouldn't get their checks under this scenario. veterans checks, irs refund. if you're waiting for one you wouldn't get it. nutrition services, foods stamps, wouldn't get paid. federal salaries, education department, other and you heard him mention foreign aid to the palestinians. you have to make the choices and cut it off right here. that's one way. suppose you decided instead we'll put a priority on the social safety net. under this scenario, interest gets paid, social security gets paid, medicare and medicaid and those nutrition services that got cut off last time, you could pay them. housing grants would go out. veterans affairs, unemployment, education and tuition assistance. but under this set of priorities your line is down here and then you're at or slightly above that $172 billion. you cover most of the social safety net here but defense vendors wouldn't get paid. active duty m
what you'd get under the big-ticket scenario is a drawing off the line. that's your $172 billion. the government is out of money if you don't increase the debt ceiling. what gets cut? military pay. wouldn't get their checks under this scenario. veterans checks, irs refund. if you're waiting for one you wouldn't get it. nutrition services, foods stamps, wouldn't get paid. federal salaries, education department, other and you heard him mention foreign aid to the palestinians. you have to make the...
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Jul 27, 2011
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so that is a big deal. the other thing is that what is more important is the loss perhaps in credibility. the speaker said his plan was going to, you know, save something like over a trillion dollars. but it only saves about $850 billion. so that's a bill difference, too. a question of credibility. on the other hand, he buys some time, because there are a number of people in the house of representatives, some of whom who actually spoke out last night and said this thing is not going to pass. i'm not going to vote for it. he gets a little bit more time to try to drum up the support he needs, because once he puts something on the floor, he has got to get a yea vote. >> all right. dan, you know, there is some talk of a band-aid slash patch approach. what would that do? >> reporter: well, look. a message you've heard from the white house last week or so, that the president does not embrace a short-term deal, but if, in fact, it does appear that there is some compromise happening, that both sides have agreed to
so that is a big deal. the other thing is that what is more important is the loss perhaps in credibility. the speaker said his plan was going to, you know, save something like over a trillion dollars. but it only saves about $850 billion. so that's a bill difference, too. a question of credibility. on the other hand, he buys some time, because there are a number of people in the house of representatives, some of whom who actually spoke out last night and said this thing is not going to pass....
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it's big business. i think we have a quote there from someone from sprint just letting you know. >> saying we're continuing to advertise our unlimited plans and feel that they offer a great value to new and existing customers. these plans have been very successful. they may have a niche now because if they're not raising their prices people are obsessed with this stuff, twitter, facebook. they may have to look at each other to talk to save money. >> exactly. i think you should go to the website. each one has a calculator on the website to go to and look at to see how it's going to affect you personally. >> this reminds me a little bit of the airlines. now they're charging for pillows, carry-ones, everything. clyde anderson, thanks so much. appreciate it. good to see you. >>> so now you know, most unlimited data plans are going away. how will those new rates affect you? digital lifestyle expert mario armstrong will join us after the break to help you pick the best plan for your lifestyle. >>> just before
it's big business. i think we have a quote there from someone from sprint just letting you know. >> saying we're continuing to advertise our unlimited plans and feel that they offer a great value to new and existing customers. these plans have been very successful. they may have a niche now because if they're not raising their prices people are obsessed with this stuff, twitter, facebook. they may have to look at each other to talk to save money. >> exactly. i think you should go to...
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Jul 23, 2011
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we have this big dome or big area of high pressure that's been sitting over the nation's mid-section in the east just baking. that's where you're seeing this heat building. this stretches miles into the atmosphere and that's why we call at it dome. it looks like those covers you put over your dinner plate. it looks like that. that cooler air finally drift southward. that's why we're seeing showers and thunderstorms along the cold front but make it feel better and boston and say new york city as we head into tomorrow. let's do show you a couple of those thunderstorms. here's our radar map to see where they have been blowing on through across the upper midwest, throughout the great lakes and cleveland just about to get hit there as well. a few of these thunderstorms can be severe, ton. mainly wind makers and maybe some hail. >> thank you, jacqui jeras. we have some developing news for you. working in washington where lawmakers and president obama are trying to reach a deal on raising the debt ceiling. there could possibly be some movement. what's going on? >> reporter: i'm standing in
we have this big dome or big area of high pressure that's been sitting over the nation's mid-section in the east just baking. that's where you're seeing this heat building. this stretches miles into the atmosphere and that's why we call at it dome. it looks like those covers you put over your dinner plate. it looks like that. that cooler air finally drift southward. that's why we're seeing showers and thunderstorms along the cold front but make it feel better and boston and say new york city as...
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Jul 13, 2011
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one big swing. it's coming down to one big swing zchl swing. >> sometimes that's all it takes especially when the pitchers dominates. the big blast was fit for a swing or at least for a swing. the brewers prince fielder takes to the plate and just rips one. three-run bomb. that helped the rangers build a 5-1 lead. watch padre. sometimes a goofball, running on the field and he did this to make it to the pitcher's mound. i don't know why. just because he can. >>> let's go to the minorminors. the spokane indians, gets a little clip right there and then things go crazy. some pushes, some punches, both benchs clear. it's a huge brawl. the new york fans didn't like that they were showing so much bad behavior. they sucker punched them at the end of the fight. of 60 players, 51 have been fined. that is a brawl. >>> the u.s. women's soccer team hopes to have some magic left. they take on france in the semis after that dramatic come from behind win over brazil. mac the match starts in about an hour and a half
one big swing. it's coming down to one big swing zchl swing. >> sometimes that's all it takes especially when the pitchers dominates. the big blast was fit for a swing or at least for a swing. the brewers prince fielder takes to the plate and just rips one. three-run bomb. that helped the rangers build a 5-1 lead. watch padre. sometimes a goofball, running on the field and he did this to make it to the pitcher's mound. i don't know why. just because he can. >>> let's go to the...
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Jul 25, 2011
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that's our big question at this point. has the economy suffered any kind of a little bit of a setback. growing more slowly than we had thought or hoped. that's what we'll be looking at this week. it's interesting, there's a conundrum here. corporate profits that have been doing quite well, we're going to be hearing more and more from big companies about how their profits are, but what you're hearing from the ceos, while the profits are coming back, they're finding that the u.s. economy as a whole is subpar so that's what we'll be looking forward to see how that's playing out this week. >> so good to have you back on the show and i will see you in 25 minutes on "american morning." >> 25 minutes. >> and i hope you got a good night of sleep last night because i think you and i will be working hard this week with this debt ceiling stuff. >> i think you're right. >>> now back to our businessman special, apple wants to build the largest store in the world in new york city's grand cen stral station. proposing a 23,000 foot store
that's our big question at this point. has the economy suffered any kind of a little bit of a setback. growing more slowly than we had thought or hoped. that's what we'll be looking at this week. it's interesting, there's a conundrum here. corporate profits that have been doing quite well, we're going to be hearing more and more from big companies about how their profits are, but what you're hearing from the ceos, while the profits are coming back, they're finding that the u.s. economy as a...
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Jul 16, 2011
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i think her big problem, the big question is, whether rick appearry geappear appear -- rick perry gets in, the governor from texas, because he would take some oxygen away from her. what's interesting, when michele bachmann came on the national scene a lot of people -- one republican described her to me as a sarah palin mini me. okay? and now there's not that sense anymore. in fact, lots of people are looking at michele bachmann and saying, actually, she's a very credible candidate, even when compared with sarah palin. and at a certain point, sarah palin has to decide whether she wants to run for the presidency or not, and republicans are getting very, very impatient, and at a certain point they're going to say you know what? we've got michele bachmann here. if rick perry gets in, we've got him in this field. they're both cultural conservatives. maybe sarah palin is too polarizing, and we don't need you in the field? >> some of michele bachmann supporters privately suggested to me, they don't want to publicly criticize sarah palin but say michele bachmann is much more substantive on the
i think her big problem, the big question is, whether rick appearry geappear appear -- rick perry gets in, the governor from texas, because he would take some oxygen away from her. what's interesting, when michele bachmann came on the national scene a lot of people -- one republican described her to me as a sarah palin mini me. okay? and now there's not that sense anymore. in fact, lots of people are looking at michele bachmann and saying, actually, she's a very credible candidate, even when...
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Jul 18, 2011
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he'd certainly be a very big name. he took over as governor after george bush left as governor to become president. paul, always a pleasure to talk to you, my friend. here are three things that you have to put on your radar for today. for this week. tomorrow, news corporation owner rupert murdock and his son james are scheduled to appear before british politicians to answer questions over the widening phone-hacking scandal. thursday the shuttle "atlantis" crew is due to land. we'll bring it to you live but i'm going to talk to them live on wednesday morning. also thursday, it will be the first official day the new consumer financial protection bureau goes into business. the bureau is intended to make basic financial practices like taking out a mortgage or a loan clearer and more transparent while ferreting out unfair lending practices. >>> let's take a look at sports. for hours and hours last night the boston red sox were tied with the tampa bay rays. the score 0-0. it took 16 innings. the red sox finally scored. for a
he'd certainly be a very big name. he took over as governor after george bush left as governor to become president. paul, always a pleasure to talk to you, my friend. here are three things that you have to put on your radar for today. for this week. tomorrow, news corporation owner rupert murdock and his son james are scheduled to appear before british politicians to answer questions over the widening phone-hacking scandal. thursday the shuttle "atlantis" crew is due to land. we'll...
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Jul 19, 2011
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and big mistakes were made. and when it came to the phone hacking of the young missing girl, utter outrages. and everybody shares that view. >> piers, i know you're going to have more on this. we'll be watching 9:00. eastern. thanks very much for coming in. >> thank you, wolf. take care. >> anyone who gets migraine headaches knows they can be debilitating. michele bachmann apparently gets them as well. could that be a pro-b for her presidential campaign? and refugees from somalia threatened by drought and starvation. cnn is using its global resources to expose this crisis to the world. supervisor is genius...i transfer. transfer! transfer! transfer! transfer! transfer! hello...my name is... peggy? come on!!! hello? want better customer service? switch to discover. ranked #1 in customer loyalty. it pays to discover. a network of possibilities. in here, the planned combination of at&t and t-mobile would deliver our next generation mobile broadband experience to 55 million more americans, many in small towns and ru
and big mistakes were made. and when it came to the phone hacking of the young missing girl, utter outrages. and everybody shares that view. >> piers, i know you're going to have more on this. we'll be watching 9:00. eastern. thanks very much for coming in. >> thank you, wolf. take care. >> anyone who gets migraine headaches knows they can be debilitating. michele bachmann apparently gets them as well. could that be a pro-b for her presidential campaign? and refugees from...
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Jul 21, 2011
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thank you, my friend. >>> our big story, big story this morning. "atlantis" is heading home. right now it is flying over the pacific ocean. this is not just any shuttle landing, this is the final landing of the space program, of the space shuttle program. watch the landing live this hour right here on cnn in less than half an hour. >>> first, get ready for the struggle today. it is national day of tug-of-war. when you go to work, have some laughs, get out some frustration, take the staff out back for a quick tug. if that's just too much for you, there are tug-of-war apps for your smartphone, believe it or not. it is national day of tug-of-war. 21mint after the hour. [ diane lane ] is your anti-wrinkle cream gone... but not your wrinkles. new neutrogena® rapid wrinkle repair. its retinol formula smoothes wrinkles in just one week. why wait if you don't have to. neutrogena®. >>> 23 minutes after the hour. here are three things you need to have on your radar today. 10:00 a.m. eastern -- the federal election commission holds an open hearing reviewing an audit of john edwards' 2
thank you, my friend. >>> our big story, big story this morning. "atlantis" is heading home. right now it is flying over the pacific ocean. this is not just any shuttle landing, this is the final landing of the space program, of the space shuttle program. watch the landing live this hour right here on cnn in less than half an hour. >>> first, get ready for the struggle today. it is national day of tug-of-war. when you go to work, have some laughs, get out some...
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Jul 13, 2011
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it's about big ideas, big innovations and solutions to problems. we all have problems with this, pile-ups and the traffic that results. right now eyes are the only things to prevent fender bend irs. there could be an app for that. researchers in italy have created an app with an automatic accident detection system that could potentially reduce the number of pile-ups by 40%. say there's an accident. the first car involved in the accident triggers an alarm. the car nearby picks up on the alert with an acceleration sensor. your car further down the road finds out about it in realtime from the car just ahead of you. essentially, the app allows cars to talk to one another and then gives drivers time to slow down and avoid an accident. developers are looking into int kating the program directly into car dashboards or navigation systems. they've been tested on computer simulations. road tests will begin this summer in los angeles. for more information, you can check out my facebook page, randikayecnn. >>> today republicans asking the american people to ad
it's about big ideas, big innovations and solutions to problems. we all have problems with this, pile-ups and the traffic that results. right now eyes are the only things to prevent fender bend irs. there could be an app for that. researchers in italy have created an app with an automatic accident detection system that could potentially reduce the number of pile-ups by 40%. say there's an accident. the first car involved in the accident triggers an alarm. the car nearby picks up on the alert...
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Jul 19, 2011
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. >>> now to potentially big, big news in washington. debt talks, big news and a very significant step forward today, says president obama, just a short time ago. the president announced the so-called senate gang of six made of members from both parties has floated this new proposal that he, the president, can work with. the bipartisan group had thrown in the towel, ditched an earlier effort to find a debt reduction package okay to both parties and now at this late date 14 days until a potential government default. they're back with a plan that the president says includes deep spending cuts and, yes, also includes tax increases. here's the president. >> here's where we stand. we have a democratic president, an administration that is prepared to sign a tough package that includes both spending cuts, modifications to social security, medicaid, and medicare that would strengthen those systems and allow them to move forward and would include a revenue component. we now have a bipartisan group of senators who agree with that balanced approach
. >>> now to potentially big, big news in washington. debt talks, big news and a very significant step forward today, says president obama, just a short time ago. the president announced the so-called senate gang of six made of members from both parties has floated this new proposal that he, the president, can work with. the bipartisan group had thrown in the towel, ditched an earlier effort to find a debt reduction package okay to both parties and now at this late date 14 days until a...
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Jul 20, 2011
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does it make a big difference? was there a little bit of sympathy, you think, that people felt as a result? >> whatever sympathy there was, listen to those answers again that you played, sanjay. and you'll see that yes, that might have been his general demeanor. very long pauses before answers. but when those answers came, they were clear, they were definitive. no, i don't take ultimate responsibility. i didn't do this. i was misled and betrayed. and the feeling generally from what i've read in the comment and the analysis is that whatever he may have on the surface looked like, here was rupert murdoch doing what he had to do, doing it honestly and sincerely about the million dollar hacking of the dead girl's phone. but obviously with a wider agenda. >> so jeff, i mean, so he apologized. he said he was humbled. but he did not take responsibility. what do you make of that, jeff toobin? >> i think his problem is not really legal at this point. it's a business problem. he has to figure out a way to keep control for hi
does it make a big difference? was there a little bit of sympathy, you think, that people felt as a result? >> whatever sympathy there was, listen to those answers again that you played, sanjay. and you'll see that yes, that might have been his general demeanor. very long pauses before answers. but when those answers came, they were clear, they were definitive. no, i don't take ultimate responsibility. i didn't do this. i was misled and betrayed. and the feeling generally from what i've...